Machinery - General

Financial Strain & D.C. Disconnect: Shaping the Rural Vote

Sat, 16 May 2026 10:33:00 GMT

Frustrations over the skyrocketing costs of doing business, trade policies and lack of E15 expansion have put producers’ votes – many in competitive political battleground states – in play, according to an exclusive poll of Farm Journal readers.

The poll, which surveyed producers through April and was commissioned by the agriculture-focused public affairs firm Amato Advisors, shows the following:

Four in 10 producers are currently undecided or considering voting for a different party.
Half of those surveyed report fair to poor finances. Twenty-five percent fear they will restructure or leave farming or ranching entirely.
Rising input costs are listed as the top challenge; of those listing tariffs at the top, almost 90% have a negative view.
Year-round E15 approval is a decisive voting factor for nearly half of all producers.
The biggest frustrations that can move voters vary by state. In Iowa, it’s E15 and trade, but in Wisconsin, it’s healthcare and input costs.

Researchers, lobbyists and analysts who reviewed the poll for Farm Journal stress this is not a realignment toward Democrats. Rural America remains Republicans’ home turf.

Instead, producers increasingly think neither party knows nor cares to understand them, let alone solve their problems, according to the findings. If a candidate from either party can prove they are serious about farm-country issues that could be enough to win votes and change the course of up-for-grabs midterm elections.

“The frustration is not simply with ‘government,’” says Nicholas Jacobs with the Bram Public Policy Lab at Colby College , who reviewed the poll’s findings. “It is with a government that is too removed from the consequences it creates and poorly aligned with the realities of rural economies. When people feel squeezed while also believing elected officials do not understand their lives, that creates real political vulnerability heading into a midterm election.”

Amato Advisors ’ founder Mike Amato , who served in senior positions in the Biden-Harris and Obama-Biden administrations, says the findings apply to both parties.

“[The results show] a strong signal of disconnect between what is happening on the land and what is happening in D.C.,” Amato explains.

This Farmer & Rancher Policy Sentiment Survey polled farmers and ranchers from April 2 to April 24. A total of 974 producers from 44 states responded. About one-third live in “swing districts” with competitive elections in November, including areas in Iowa, Wisconsin, Nebraska, Michigan and Ohio. Amato Advisors details more of the data here .

The findings come at a crucial moment for agriculture and the political direction of the country.

Year-round E15 stands front and center. Producers and retailers consider E15 expansion as the single fastest way to generate real, immediate demand for corn and reduce reliance on government support. Resentment reached a boiling point when legislators continued to delay a vote .

On Wednesday, Congress passed a bill by 15 votes that would allow nationwide year‑round sales of gasoline containing 15% ethanol. It now faces a tough battle for passage in the U.S. Senate .

In the meantime, Republicans have been losing what were comfortably safe districts, including some with agricultural voters. For example, Democrats flipped two Iowa state Senate seats in 2025 special elections (Iowa’s 1st and 35th Senate districts).

Anecdotally, producers have shared their frustrations over policies during the second Trump administration. But this Farm Journal-Amato Advisors survey is among the first to try and measure whether any of those changes will result in changes at the ballot box.

Status Quo or Shakeup? What Moves the Rural Voter

According to the poll, 61% of producers say they plan to vote for the same party as usual. However, nearly 1 in 5 say they aren’t sure yet, and 17% are actively considering either a different party or an independent/third-party candidate.

“That leaves a lot of rural America potentially up for grabs,” says Jessica Schulken , a lobbyist with the Russell Group based in Washington, D.C., who viewed the results of the poll.

Jacobs looks at it as roughly 40% of respondents express either uncertainty, openness to independents or willingness to consider another option.

“That does not mean Democrats are suddenly competitive everywhere,” he says. “It does mean this block of rural voters – who tend to be even more conservative than their neighbors – are feeling downright frustrated with the status quo.”

Noting that machinery costs, input prices, trade policy and tariffs are pinching margins for producers, Callie Eideberg , a principal with Washington lobbyist the Vogel Group , says these issues are also policy choices made by the administration.

“The administration was not forced to take action on trade and input costs, and these policy choices can be reversed or muted at any time,” she says. “If you assume respondents understand the president chose to implement policies increasing machinery costs and dismantling trade agreements, then their reporting that 61% will still vote for the same party in November implies they are also choosing to keep those policies in place.”

Rural ag voters don’t hold much confidence in the current slate of elected officials to grasp their situation. Nearly three-quarters say office holders don’t understand the realities farmers face.

So how does that translate to the rural vote?

23% say nothing would change their vote. “Until Democrats stop showing up in an election year in rural areas and then disappearing again, nothing will change my Republican vote. Words don’t help, action does.” — says a Congressional respondent
26% say candidate quality is the primary determinant. “ … I am open to voting for a solid candidate, regardless of party, which brings a strong knowledge and positive position to the table for the rural landscape and production agriculture in particular.” — says a Congressional respondent
51% name specific conditions or issues that could move them. “High input costs, tariffs causing market volatility, loss of health insurance, frustration with SNAP changes, high interest rates, high fuel prices and global conflicts coinciding with planting and harvest.” — says a Congressional respondent

“Partisanship in rural America has become increasingly layered on top of older frustrations that predate any single administration or price fluctuation,” Jacobs says. “For many rural voters, dissatisfaction with economic conditions does not automatically translate into openness to Democrats because the Democratic brand itself remains deeply unpopular.”

He says it would be similar to asking why urbanites didn’t revolt against Democrats when housing prices shot up or when schools keep failing.

The Split: Row Crop Strain vs. Livestock Optimism

When farmers were asked to describe the overall financial condition of their farming operation over the past 12 months, about half say they’re in good to excellent shape. More than 1 in 10 consider their economic condition poor or very poor.

“The farm economy at 50/50 shows the split between livestock profitability versus row crops,” adds Tyson Redpath , chairman of advocacy and business strategy for the Russell Group.

Eideberg looks at it another way.

“Just 43% of respondents reported their farm’s financial condition was ‘good’ and 38% reported ‘fair’ financial conditions,” she says. “This stands in opposition to the repeated proclamations from this administration that the ag economy is turning around.”

Rising Input Costs and Trade Policy: Farmers Rank Top Challenges

In the poll, participants were asked to identify the three biggest challenges currently facing their operation. Machinery and input costs top the list at more than 78%. Another 44.3% say it’s commodity price volatility, and another quarter say either weather or trade policy and tariffs.

When it comes to farmers who would consider changing their vote, one congressional respondent says: “I’m fed up with the U.S. financing other countries when our farmers are going bankrupt. Our politicians need to do their job on a bipartisan level!!!”

Of those citing tariffs and trade, nearly 88% say the policy is either somewhat or very negative, and 65.5% say tariffs will hurt long term.

When asked to describe the overall effect of federal government policies on their farming operation over the past year, 54.6% of nationwide respondents describe the effect as moderately or significantly negative. Just under 1 in 5 describe the effect as positive to any degree.

Why Input Costs and Trade Lead Farmer Concerns

As producers look past this vote and to the next presidential election, respondents ranked nine policy areas in order of priority for the current administration. Regardless of whether respondents are in targeted swing districts or the broader nationwide sample, input costs rank first by a wide margin, followed by trade policy and export markets. Conservation programs come in at the bottom of the priority list.

“If you look at the top issues identified by producers, input costs and trade policy, there’s not a whole lot that can be done about either one of those that will directly impact the farmers’ bottom line before the elections,” Redpath says.

Based on his analysis of the survey results, Jacobs says farmers and ranchers are searching for stable rules and better prices.

“I think both parties should pay attention to the fact that these concerns are overwhelmingly operational rather than ideological,” Jacobs says. “Rural voters are not saying the government should disappear, but rather that it needs to get its act together.

Year-Round E15 and Competition: Critical Factors for Rural Voters

The tariff and trade debate is all about finding and developing new markets for U.S. ag goods as global competitors erode a once dominant position. There’s been no bigger “new market” debate than year-round E15.

When asked how important year-round E15 approval was as a voting issue, 45.5% of nationwide respondents say it is very or extremely important — making it a direct candidate selection factor for nearly half the sample. Another 28.2% say it is somewhat important.

The poll results show E15 is one of the few issues in the survey where support for a specific policy is explicitly tied to electoral behavior rather than just expressed as a preference. Voters in key swing states and districts rate E15 as a voting issue at a slightly higher clip, which appears to reflect the higher concentration of corn and ethanol-producing states in the sample.

While trade and export markets continue to rank high, respondents are also focusing on competition abroad. More than 85% say they are very or somewhat concerned about global agriculture competition from producers in Brazil, Argentina and the European Union. The poll shows this is one of the highest rates of agreement on any issue in the survey.

How Ag Priorities Vary Across the Rural Vote

According to this poll, not all swing states are focusing on the same issues. For example:

Iowa. The most swing-available state in the sample with the highest E15 mobilization.
Wisconsin. The most financially distressed state — and the only one where Democrats are genuinely competitive on healthcare.
Nebraska. The most economically conservative electorate — but with the highest E15 intensity and notable tax concerns.
Ohio. A distinct issue mix – commodity prices and weather dominate, not input costs or tariffs.
Michigan. The highest vote motivation and switch potential in the survey — Democrats lead on farm labor.

“People do not experience politics as detached issue-by-issue calculators,” Jacobs says. “That does not make economic concerns irrelevant – and they are clearly not in this poll – but it does mean that dissatisfaction alone is often insufficient to fully reorder political loyalties.”

As Nov. 3 approaches, Amato describes midterm elections as an accountability checkpoint – a referendum on whether political actions match campaign words.

“Polls like this, combined with additional advocacy and farmers using their voices to talk to elected officials, can help close the gap so federal policy actually meets farmers where they are,” he says. “I hope this poll sends a signal to everyone who’s in elected office, or who wants to be an elected official, to take into consideration the challenges producers are facing today.”

Trump Signals More DEF Rollbacks, Pushes Manufacturers to Lower Equipment Costs

Fri, 27 Mar 2026 19:20:23 GMT

In front of a gathering of farmers, ranchers and growers at the White House, President Trump and EPA announced new guidance that will remove the DEF sensor requirements, which the Small Business Administration (SBA) estimates will save farmers $4.4 billion a year and translate into $13.79 billion for Americans. Administrator Lee Zeldin says the move impacts farmers, truckers, motor coach operators and other diesel equipment operators.

“I have heard from truck drivers, farmers and many others complaining about DEF and pleading for a fix in all 50 states I visited during my first year as EPA administrator,” Zeldin says. “Americans are justified in being fed up with failing DEF system issues. EPA understands this is a massive issue and has been doing everything in our statutory power to address this. Today, we take another step in furthering our work by removing DEF sensors. Farmers and truckers should not be losing billions of dollars because of repair costs or days lost on the job.”

Every farmer now has the Right to Repair their own equipment thanks to President Trump. It’s crazy that our talented farmers were being prevented from doing this previously. This announcement is about common sense. Farmers will be able to spend more time in the field and less… pic.twitter.com/4hROUN45EU
— Lee Zeldin (@epaleezeldin) March 27, 2026

New Guidelines Focus on DEF Sensors

EPA says that sudden speed losses and shutdowns caused by DEF system failures compromise safety and productivity. It calls the issue unacceptable and problematic. In a release, EPA says it plans to continue to pursue all legal avenues to address Americans’ complaints. On Feb. 3, 2026, EPA demanded critical data on DEF system failures from the manufacturers that account for over 80% of all products used in DEF systems. This information will arm EPA with what it needs to permanently address DEF system failures. Thus far, the agency has received data from 11 of the 14 manufacturers, and in less than a month, EPA has turned around preliminary findings to issue today’s guidance, demonstrating Administrator Zeldin’s commitment to fixing this issue.

“Today, by eliminating DEF mandates, the Trump Administration is taking yet another step to free up hardworking Americans to focus on the vital work of feeding, clothing, building, and fueling our nation,” says SBA Administrator Kelly Loeffler. “I applaud Administrator Zeldin for his leadership on this issue, and I look forward to our continued collaboration to cut red tape for small businesses across the U.S. food supply chain.”

Several ag equipment manufacturers were highlighted during the event at the White House, including John Deere. The company weighed in EPA’s latest announcement about DEF.

“John Deere applauds the EPA’s leadership to provide as much flexibility through agency guidance as possible to limit the frequency of false DEF-quality inducements,” says Kyle Gilley, vice president for global government affairs at John Deere. “Today’s announcement builds upon EPA guidance from February 2026, requested by John Deere, to provide farmers additional tools to complete emissions-related repairs. These announcements are a win for farmers and their ability to keep modern equipment operating in the field.”

EPA says the preliminary review of the warranty data suggests that DEF sensor failures are a significant source of warranty claims and DEF-related inducements. The agency’s new guidance makes clear that under existing regulations, manufacturers can stop inaccurate DEF system failures by removing traditional emission sensors, known as Urea Quality Sensors, and switching to nitrous oxide (NOx) sensors.

EPA also affirms that approved NOx sensor-based software updates can be installed on existing engines without being treated as illegal tampering under the Clean Air Act. This is in line with EPA’s February 2026 Right to Repair clarification guidance , which removed a major barrier keeping farmers from fixing their faulty DEF systems in the field. EPA anticipates the switch will greatly curb errors that traditional sensor technologies have been prone to and reduce the issues Americans face with inaccurate DEF failures.

For more information, see EPA’s Diesel Exhaust Fluid .

Trump Calls on Manufacturers to Lower Equipment Prices If DEF Rolled Back

During Friday’s event, Trump also spoke about the rising complexity and cost of modern farm equipment.

“When you buy a tractor today, you spend 50 percent of your time fixing the environmental — I say environmental impact statement garbage that’s on the tractor,” he says.

He adds that equipment often includes computerized systems that can shut down tractors unnecessarily, increasing repair costs.

“I said to the head of John Deere, ‘Is this a good thing or a bad thing?’ He said, sir, you have no idea how bad it is. It’s made our tractors so complicated. … We want to go back to the old ways, sir. And I said, I agree with you 100 percent.”

During remarks at the event at the White House today, President Trump said EPA is working to further roll back DEF-related requirements and pushed manufacturers to cut equipment costs:

“You’re going to lower the cost of a tractor… they’re going to be able to very shortly…
— Tyne Morgan (@Tyne_Ag) March 27, 2026

The president says the administration is looking into further rolling back DEF requirements, but as he does, he is also urging manufacturers to reduce equipment prices for farmers if the added environmental regulation costs are no longer there.

“Lee (Zeldin), I think we can say, I know you’re in the process of cutting out massive amounts of nonsense that are mandated to be put on your tractors, that all of your trucks that cost your fortune…and I know that they’re going to do this. And I asked one thing, you got to promise me one thing. You’re not going to take any profits. You’re going lower the cost of a tractor. I want you to lower the costs. And if they don’t lower the course, you’ll let me know. And I’ll have to do a big number of those companies. Okay? They’re going to be able to, very shortly, produce a bigger, better tractor and substantially less money. It’s going to be better. It’s gonna be a better tractor at substantially less,” Trump says.

He adds that future tractors will be simpler, more reliable and less expensive.

“I want John Deere and Case and all of the great companies … to give it to you in the form of lower tractor and equipment costs. And I think it’s going to have a huge impact,” he says.

President Trump then directed EPA Administrator Zeldin to explore ways to require, or mandate, manufacturers to lower the cost of farm equipment.

EPA’s guidance issued on Friday is part of a broader effort to address complaints from farmers, truckers and other diesel equipment operators about DEF system failures that cause equipment shutdowns, but Trump says more action on DEF is currently underway.

New Holland Expands T7 Series With Three Redesigned Models

Mon, 02 Feb 2026 20:47:13 GMT

Multiple transmission options, technology solutions and comfort elements headline New Holland’s redesigned T7 Standard Wheelbase (SWB) tractor, which includes three model options (T7.190, T7.210 and T7.225). A new front axle design cuts the turning radius by 20% versus previous T7 Series models and contributes to a smoother ride.

While the new T7 SWB maintains the same wheelbase as other T7 Series models, the tractor weight has been increased to 16,000 lb. and the payload up to 11,000 lb. The added weight and payload capacity improves the tractor’s stability when handling heavy implements or full loader buckets.

Under the Redesigned Hood

The 6.7-liter engine features a 750-hour service interval tuned for maximum power at a low engine speed of 1,500 rpm to reduce fuel consumption and noise. The Engine Power Management-boosted horsepower delivers 22% to 25% extra power when used underload.

When it comes to transmission options, producers can choose a 24x24 Dynamic Command dual-clutch transmission or 3x1-range Auto Command CVT. The Dynamic Command’s break-to-clutch function simplifies frequent stop-and-go tasks such as loader work and baling.

Comfort Elements

A redesigned cab suspension system is available in mechanical, hydraulic or pneumatic configurations. The tractor’s upgraded Horizon cab offers improved climate control, a quieter working environment and intuitive controls.

The cab size remains unchanged, but in-cab visibility has been improved in every direction thanks to slimmer corner cab posts, a redesigned hood that improves forward visibility by up to 4.5 feet and an optional panoramic high-visibility roof panel.

Including pressure release levers and an organized layout for hydraulic, electrical and pneumatic connections helps with implement hookup. Steps and handrails are fully integrated into the fuel tank to improve ease of entry.

Technology Solutions

The cab features the latest New Holland user interface and next-generation IntelliView 12 touchscreen display. A new operator interface on the SideWinder armrest allows farmers to specify the controls that suit their requirements.

Machinery News: Sorbe To Lead PTx, Farmall Tractors And Case IH Round Baler, Claas Jaguar Forage Choppers

Fri, 15 Aug 2025 18:22:48 GMT

AGCO Names Brian Sorbe as New PTx Leader

Brian Sorbe joins AGCO as President of PTx, bringing precision ag leadership to accelerate the company’s offerings of smart farming solutions for almost any brand.

(AGCO Corporation)

AGCO appoints Brian Sorbe as president of PTx, effective Aug. 25, 2025.

Sorbe brings nearly three decades of experience in precision agriculture, global sales and product development to this pivotal role, AGCO says.

“I am confident under Brian’s leadership, PTx will achieve our goal of $2 billion in precision ag sales by 2029 and help us deliver our vision to be the trusted partner for smart farming solutions,” says Eric Hansotia, AGCO chairman, president and CEO.

Sorbe spent 14 years at Topcon Positioning Systems in leadership roles, including senior vice president and general manager. His career arc also spans construction and industrial automation, but agriculture has always been at the core. Raised on a farm in Iowa, Sorbe began his precision ag journey at Ag-Chem Equipment in Jackson, Minn.

He will be based in Tremont, Ill., which is a key PTx site. He holds a bachelor’s degree in business administration from Purdue University, and Sorbe’s postgraduate work includes certifications in AI and machine learning and agricultural autonomy and robotics as well as a Master of Business of Administration program.

You can read the full news release here.

Case IH Launches 3 Farmall Tractors, RB6 Round Baler

Case IH Farmall C utility tractor.

(Case IH )

Case IH is debuting new machinery solutions ranging from compact to utility tractors to upgraded round balers. This includes an enhanced line up of Farmall tractors, including the Farmall A, Farmall C and the return of the Farmall M.

Case IH is also unveiling a new RB6 series variable chamber round baler.

The new Farmall medium utility A series (90HP to 120HP) tractor features performance enhancements and a higher-horsepower model. Simple, factory-fit technology improves the operator experience, ensuring efficiency no matter the season or task.

The Farmall medium utility C series (90C, 100C, 110C, 120C) tractor (shown above) caters to a wide range of needs, offering both 12-speed PowerShuttle and 24-speed Hi-Lo transmissions. The Farmall C now offers subscription-free factory-installed telematics, including track-and-trace fleet management and optional ISOBUS compatible implement control.

Case IH Farmall M utility tractor

(Case IH)

And the Farmall utility M series (110M, 120 Super M) tractor (shown above) is making its return, promising farmers a premium experience with exceptional power and high-quality design. The M series is ideal for the needs of farms with both cash crops and livestock.

(Case IH)

The RB6 series variable chamber round baler (shown above) offers durability with triple seal bearings throughout the machine to ensure contaminants stay out while lubricants stay in. Round baler automation paired with the easy-to-use display interface ensures precise bale quality and in-field productivity.

Claas Intros New Jaguar 1000 Series Forage Harvesters

(Claas)

Claas is unveiling its new Jaguar 1000 series forage harvesters. The German outfit says its new self-propelled lineup features greater throughput, power and operator comfort.

The series encompasses four models — the Jaguar 1080, 1090, 1100 and 1200 — that range from 850HP to 1,110HP with throughput rates of up to 500 tons per hour.

Claas says it designed the machines in partnership with North American growers to deliver enhanced chop quality and efficiency.

Noteworthy features on these new machines include:

The widest crop flow channel on the market, according to Claas. A new precompression system and four precompression rollers guarantee uniform feeding of the V-FLEX knife drum.
A transversely mounted 24-liter V12 MAN engine, delivering torque and reliable power.
Intelligent engine load management via CEMOS Auto Performance and all-wheel drive.
The new Multi Crop Cracker XL, a 12.2" (310 mm) diameter roller conditioning system that ensures optimal grain and stover processing at high throughput rates. It’s available in both classic and shredlage configurations.
Claas connect Chop Quality Analysis, which uses artificial intelligence to deliver Corn Silage Processing Score (CSPS) feedback directly to a smartphone.

Your Next Read: EPA Rolls Out Streamlined Diesel Engine Fluid Guidelines

No, John Deere is Not Freezing Production or Stepping Away From its U.S. Factories

Mon, 09 Jun 2025 16:48:44 GMT

An online report last week claimed John Deere is shutting down ALL manufacturing in response to the ongoing tariff situation in the U.S.

But we looked into it, and we’re here to tell you: don’t take the bait — or, as the kids say, feed the trolls — because it’s simply not true.

An article authored by Kieran Schalkwyk and titled “John Deere Freezes U.S. Manufacturing in Unprecedented Shutdown” appeared on MSN.com and was aggregated by Google News feeds last week, claiming the manufacturer is “making a radical move that some might think is ‘un-American.’”

John Deere shared the following LinkedIn post Friday afternoon. You can also visit Deere.com for more information on the company’s U.S. manufacturing presence.

The MSN.com post has since been taken down and brings up an error page:

MSN.com screenshot

(MSN.com)

It’s somewhat bewildering timing for this particular misinformation ploy.

John Deere recently put out a blog post outlining its commitment to U.S. manufacturing. The statement says John Deere will invest $20 billion into its U.S. footprint over the next decade, which includes major expansion projects in Iowa, Missouri, North Carolina and Tennessee.

Today, the company has 60 manufacturing facilities in more than 16 U.S. states and employs over 30,000 American workers.

What is true is over the past 18 months, the company has been forced to lay off some employees , and it strategically slowed manufacturing at some production facilities in Iowa in response to depressed farmer demand for new tractors and combines.

Of course, John Deere is not alone navigating a treacherous global farm economy. Machinery rivals AGCO and CNH also made the tough choice to layoff factory workers over the past 12 months. CNH even completely shutdown its overseas machinery imports during the first few days of the tariff policy rollout, although that pause was only temporary.

In February, we updated our popular “Who Makes What Where” feature showing where major farm equipment is manufactured around the world.

Our analysis of John Deere’s global factory network shows that of the 60 John Deere machines relevant to U.S. farmers, 50 of them (83%) are manufactured here in North America. Of all the major farm equipment manufacturers we polled, John Deere has the largest U.S.-based manufacturing footprint other than Canadian-based Buhler Industries, which is 100% North America based.

So, it feels safe to say we can put this rumor to bed once and for all: No, John Deere is not shutting down its factories. Myth Busted. Shutdown the rumor mill.

Your Next Read - All The Details: Inside John Deere’s New F8 and F9 Forage Harvesters

All The Details: Inside John Deere’s New F8 and F9 Forage Harvesters

Fri, 06 Jun 2025 18:20:35 GMT

John Deere is rolling out two new forage harvesters for North American dairy producers and custom harvesting operations.

The brand new F8 and F9 Series feature three factory-installed operator cab options, a technology stack that will one day enable autonomous operation, and enhanced feed quality via an integrated inoculant dosing system.

How are F8 and F9 different?
The F8 Series (425PS to 645PS) is a narrow base model that takes the place of Deere’s 8000 Series forage harvester, while the F9 Series (700PS to 1020PS) replaces the 9000 Series. Within the F9 Series is the F9 1000, which is Deere’s largest forage harvest machine to date.

(Editor’s Note: “PS” stands for Pferdestärke, which is the German term for horsepower. PS to horsepower is not an apples-to-apples equal ratio. The F9 1000, for example, features 1020PS which equates to 1,006HP, according to the manufacturer.)

The F9 is available in two engine options:

John Deere 18X (no DEF required)
Liebherr V12 24L

It has five horsepower options, while the F8 comes with the JD14X engine and can be configured across six horsepower options.

The manufacturer last rolled out completely new forage harvesters in 2019.

How much will each new model cost?

The feed rolls on John Deere’s F8 and F9 forage harvesters have integrated metal detection to keep unwanted material out of your feed.

(Matthew J. Grassi)

John Deere is not sharing its pricing just yet, but the two new models are built at its Zweibrucken, Germany, factory. John Deere dealers will begin taking orders for the aggressively styled, technology-packed harvesters this fall, with final delivery in time for the 2026 forage harvesting season.

Deere representatives declined comment on what effect, if any, the still-developing U.S.and E.U. tariff situation could have on its launch plans.

Ahead of the launch, Farm Journal went to Madison, Wisc., to kick the tires and learn all about the new machines. The F8 and F9 harvesters we viewed and climbed into were the first finished production units off the factory line. Deere says several units will be field tested with U.S. customers ahead of the full fall launch.

“We’re really excited about the new cab and the technology we’ve added to these machines like central tire inflation, ground speed automation and the new kernel processing units,” says Bergen Nelson, go-to-market manager, combines and forage harvesters.

Here’s some of what we learned about the new forage harvesters:

(Matthew J. Grassi)

Cab Comforts: The same three operator cab options offered with Deere’s X and S Series combines — Select, Premium and Ultimate — are available on the F8 and F9 Series. A smoothly swiveling captain’s chair, as well as an all-new corner post display that shows real-time machine data, are among the additions. Operators who spend long hours in the cab will also appreciate integrated entertainment like SXM Radio and an optional mini fridge.

(Matthew J. Grassi )

Foundational Deere Tech Stack: Each new forage harvester in the series includes Deere’s baseline precision tech enablement stack — which consists of its G5 display, Starfire 7500 receiver and JDLink modem.

Central Tire Inflation System: A completely new feature (top left inset photo) within the G5 display allows the operator to adjust front tire PSI up or down from the cab.

John Deere Inoculant Dosing System 2.0

(Matthew J. Grassi)

Inoculant Dosing System 2.0: New on both the F8 and F9, a high-volume 85 gallon inoculant tank and integrated pump allow the user to accurately adjust silage inoculant dosage rates from the G5 display in the cab. The system is easy to pump and prime as well with the touch of a button located at the rear of the machine.

Ground Speed Automation: This cruise control-like option reads RPMs and throttles the harvester up or down based on crop conditions. For example, harvesting corn at higher moisture levels will increase power output, so the machine will automatically slow down to ensure it doesn’t plug up or do a sub-optimal job harvesting. This feature comes standard on all base models for both series and does not require a yearly subscription unlock or per-acre fee.

Pro Touch Harvest: Another new feature within the G5 display allows the operator to shift the machine from road transport mode to harvest mode in a single click. It can also be used to quickly engage AutoTrac and ground speed automation once the operator arrives at the edge of field.

This all-new XStream 305 Kernel Processing (KP) unit is built by Scherer in Sioux Falls, South Dakota.

(Matthew J. Grassi)

New Kernal Processing (KP) Units: The new harvesters feature two completely redesigned KP units, the Ultimate 250 (also made in Germany) and the Scherer XStream 305, which is made in Sioux Falls, S.D. An integrated winch and internal rail mounting system makes switching the machine from corn forage to hay forage in the field quick and simple. The number signifies each KP unit’s roll diameter width in millimeters.

“Both KPs will go in both machines and have four different roll options depending on how aggressive the dairyman wants their end feed quality to be,” says Shane Campbell, product marketing manager, forage harvesters.

(Matthew J. Grassi)

Integrated Harvest Lab 3000: This on-demand constituent sensing module pulls over 4,000 samples per second with +/- 2% accuracy, and John Deere says it can save dairy operations time and money versus collecting and sending samples to a lab. The sensor tech (available as an add-on option) enables accurate measurement and documentation of dry matter, starch, protein, neutral detergent fiber and acid detergent fiber for both harvested forage and manure. The data can be stored, organized and shared via Deere’s Operations Center. Within Operations Center, users can take geo-referenced data and build out spatial starch content — as well as moisture and protein — maps for hybrid selection and fertility management. Because if you can’t measure it, you can’t manage it.

Active Fill Control 3.0: Using sensors and cameras on the grain spout, this tech feature automatically detects the trailer or grain cart next to the forage harvester and begins filling it with a preselected fill strategy. This reduces the number of times an operator has to adjust the spout manually and also lessens fatigue and neck strain, according to Deere.

(Matthew J. Grassi)

New Operating Modes: Several of the models within the F9 Series offer what Deere is calling its “Engine Power Plus” feature — which gives a sizeable horsepower boost when the machines senses it needs a little extra chopping power to the harvesting head. There is also an ECO mode that can be toggled on when the machines don’t need the extra torque.

Ease-Of-Access: Both models have side and rear panels that easily open to grant full access to the inner workings of the machines, making the new forage harvesters much easier to service and maintain without a lift or other heavy specialized equipment. The machine is setup so techs and mechanically-minded farmers will not have to climb underneath it to perform daily maintenance.

“At the end of the day, we know it’s all about the cow, and these machines will put out quality feed,” Nelson says. “We’ll have these out at the farm shows this summer, including Farm Progress Show, World Ag Expo, World Dairy Expo and the U.S. Custom Harvesters Convention.”

Your Next Read - Renewed Confidence: The Dairy Industry is Optimistic in 2025

Machinery News: John Deere Debuts Forage Harvesters, Ecorobotix Lettuce Algorithm, Kubota-Agtonomy Deal

Thu, 05 Jun 2025 15:10:19 GMT

John Deere has announced the launch of new F8 and F9 Series self-propelled forage harvesters, which the manufacturer says are built from the ground up with customer input to elevate forage performance and farm productivity.

Deere says the new F9 Series comes in two engine options — John Deere 18X and Liebherr V12 24L — with five horsepower options ranging from 700PS to 1020PS; the F8 Series comes with the JD14X engine bringing six horsepower options, ranging from 425PS to 645PS.

It also says the new machines offer improved automation with a higher level of comprehensive technology offerings compared with previous models.

The technology options include:

Ground speed automation — Deere also offers this feature on new S7 combines. The manufacturer says it helps maintain ideal load and prevent operator stress by adjusting ground speed in real time based on crop conditions.
ProTouch Harvest — A feature allowing operators to initiate multiple harvest-ready settings with the push of a button, while Active Fill Control ensures consistent truck fills even under the toughest harvesting conditions.

(John Deere)

“A higher-quality forage output with more power, more precision and more uptime, that’s the focus of the new forage harvesters for our customers,” said Bergen Nelson, John Deere go-to-market manager for harvesting equipment. “We’ve combined our strongest hardware with our newest and smartest precision ag technology to create higher-quality forage.”

More information on the new F8 and F9 Series SPFHs is available from a local John Deere dealer or deere.com.

Check out this test drive video from Farmworld_TV!

Specialty crop AI tech startup Ecorobtix unveils lettuce-thinning algorithm

Ecorobotix has announced the launch of its new lettuce-thinning algorithm, expanding the capabilities of its ARA Ultra High Precision (UHP) Sprayer to offer what it claims is one of the most advanced automated thinning solutions on the market.

The new functionality is available to ARA users via a software license.

“We’ve combined the power of AI with the reliability of ARA’s ultra-high precision spraying platform to eliminate one of the most time-consuming and labor-intensive tasks in the field: thinning,” said Katerina Lee, regional crop care manager for Ecorobotix.

Ecorobotix says its algorithm enables users to replace manual labor, grow crops with superior uniformity and cover fields faster than hand-labor crews.

Learn more here.

Kubota-Agtonomy join forces to develop autonomous specialty crop machinery

Kubota North America has announced a collaboration agreement with Agtonomy, an agricultural autonomy software provider, to commercialize autonomous operations on Kubota diesel tractors for spraying and mowing.

Kubota says the partnership reflects its commitment to pioneering solutions and equipping growers with smart technology.

“Our working relationship with Agtonomy represents a significant milestone toward commercializing our vision for autonomy by merging our expertise and technology with Agtonomy’s autonomous platform,” said Brett McMickell, chief technology officer for Kubota North America.

The initial phase of the partnership will focus on integrating Agtonomy’s capabilities with Kubota’s M5N specialty crop diesel tractor.

Learn more about Kubota’s vision for autonomous technology in farming here.

Your Next Read - First of Its Kind: Farmers Reap Yield From Early Tech Investment

Swathers to Sprayers: Strong Oklahoma Auctions and Machinery Pete’s Ratio for Fair Used Farm Equipment Deals

Mon, 02 Jun 2025 20:05:45 GMT

This week, Machinery Pete takes us on a trip down to Oklahoma, where he tracked “a bunch of good sales” over the last week, including his Pete’s Pick of the Week winner:

Last Wednesday, at a sale in Waukomis, Okla., a 2019 Case IH WD2104 swather with only 330 hours sold for $128,100, a new record high for that model (pictured above). The previous record price was $107,200.

(Machinery Pete Facebook)

Pete also notes a 2021 Case IH Maxxum 150 tractor with a loader (700 hours) sold for $123,900 in the same auction. That’s the sixth highest auction price of all time for that make/model, he says.

“I think the (high) price of (a) new (swather) has probably made that pretty attractive,” Pete says. “And sometimes people buy new stuff — it might be for tax reasons, who knows — and they kind of drift for a couple years and don’t use it that much, knowing that when they do have their retirement sale that low hour stuff holds its value tremendously.”

Also of note last week in the Sooner State was a Big Iron Auctions farm retirement sale near Forgan, Okla. A trio of well-maintained, high-hour machines caught Pete’s attention there:

(Machinery Pete Facebook)

A 2012 John Deere 8360R tractor with 8,079 hours sold for $106,250. Pete says that’s the highest auction price “by a mile” he can find on a tractor with more than 8,000 operating hours.

(Machinery Pete Facebook)

A 2016 John Deere S670 combine with 28,106 engine hours sold for $80,750.

(Machinery Pete Facebook)

A 2017 John Deere R4038 sprayer with 23,101 hours sold for $116,500.

“Even though these all had higher hours, the farmer who owned them, Max Huling, obviously he took tremendous care of his equipment,” Pete says. “So, whether it’s low hours or higher hours, if you take great care of your stuff, it pays off when it comes time to sell it.”

The Machinery Pete Ratio Explained
Pete crunched the latest numbers at MachineryPete.com to show where used combine and tractor prices sit today in relation to his Machinery Pete Ratio theory.

The Machinery Pete Ratio is a metric Pete came up with to show that the price of a well-conditioned, late-model, used machine at auction should usually fall roughly between 70% to 75% of the dealer advertised price for the same machine brand new. If the ratio is too high, the price of used is inflated. And if it’s too low, the seller is not getting full market value.

Today, Pete says, the average auction price on a used John Deere S780 combine is $250,781, and the average dealer advertised price on a brand-new one is almost $433,000. That’s 60% less that the buyer has to spend to buy the used S780, on average, than it costs to get one brand new. That’s a good deal for the buyer, but the dealer on the other side of the deal might think they are leaving extra money on the table.

For comparison, the average auction price today on a used John Deere 8R 410 tractor is $334,578 while the average dealer price for new is $450,430. That’s a 76% ratio, which falls slightly over the target zone established by the Machinery Pete Ratio.

That metric would tell you if you’re a dealer and you have an excess inventory of used 8R 410 tractors cluttering up your lot now, it might be a good time to move some to the auction market. Or, if you’re a farmer looking for a bargain on a used 8R 410, you might think about waiting to see if the average auction price drops.

“It does look like prices are dropping, the key question now is we just passed June 1, which for me, that’s the buoy in the water,” Pete explains. “It’s when dealers take a collective breath, because customers have seed in the ground, and there’s five months on the books (in 2025) and they go, ‘Ok, how are we sitting on our used inventory, and what are our plans for the rest of the summer and fall to work this down?’ Last year, we saw an avalanche of dealers pushing stuff into the used auction market. This year, I don’t know if we’ll see as big of a push. I don’t think we will, but there’s going to be a lot of stuff that does get pushed. So again, tractors have a little more room to adjust downward, I think.”

Upcoming Auctions to Watch
Pete will be keeping his eyes focused on a pair of auctions this week.

On Tuesday, the folks at Del Peterson Auctions (DPA) will kick off their monthly online auction for June. There’s a 2024 Case IH TV620B skid steer with super low hours (15.6) listed in that sale.

On June 26, in Merritt, Iowa, there is a Zomer Company Realty & Auction farm retirement sale for Joe and Diana Rota that features nice, late-model used Case IH farm equipment.

Your Next Read: What Anti-Seize Should Really Be Used For

Why Farmers are Flocking to Auctions for Low-Hour Equipment Deals

Thu, 24 Apr 2025 21:00:42 GMT

The used equipment buying season remains active as spring planting takes off. Farm equipment that is only a few years old with low operating hours continues to draw strong prices at auction.

Machinery Pete noticed that trend last week via a few record-setting transactions. At a Kiko Auctions sale in Diamond, Ohio, a pair of blue tractors and a blue planter raised the bar higher:

(Machinery Pete Facebook)

A 2013 New Holland T7 260 tractor with only 1,226 hours on it brought $152,000, which blasted past the previous record high for that year/model by over $19,000.

(Machinery Pete Facebook )

A 2015 New Holland T5 115 utility tractor with a loader (765 hours) brought in $75,000, beating the previous record high by $7,000.

(Machinery Pete Facebook)

A 2024 Kinze 3505 8/16 row planter with just over 170 acres planted on it sold for $100,000. That set a new record by $17,500.

“There’s a similar pattern here. Whether its blue, green or orange, if it’s got a few years on it with low hours and in nice condition, those prices are very strong right now,” Pete says.

Moving Iron host Casey Seymour, who has over 20 years of experience in the farm equipment dealership space, says there are more farmers hitting auctions than heading to the dealer lot, and that’s typical of a down cycle in the farm economy.

“Things at auction have a higher demand signal than what you see on the lot. When I was working at the dealership, I would see these sales and think, ‘Man, I’ve got five just like that sitting on my lot that I would sell to you for $10,000 less than what you bought that one for.’ But nobody’s coming to the table, and that’s just where we’re at right now,” he says.

Order-Writing Season For New
Aaron Fintel, used equipment specialist with 21st Century Wholesale – a John Deere dealer with 26 storefronts across Colorado, Nebraska and Kansas – joined the podcast to talk about the soon-to-open new machine order-writing period.

Fintel says it’s not something many think about when it comes to buying new, but farmers getting re-approved for financing has “been a process” this year.

“It’s kind of a two-edged sword. If you went and got that new machine at 0% interest at the end of last year because the accountant said to do it, I don’t care that it’s 0% because its also $450,000 sitting on the balance sheet,” he says. “That’s been a huge factor.”

Commodity Markets Update
Chip Nellinger, owner of Blue Reef Agri-Marketing, joined Seymour to wrap up this week’s episode with an update on the commodity markets.

When it comes to corn and soybean futures, Nellinger says there is still “a lot of uncertainty and volatility in the market” but he is seeing some potential upside with President Trump softening on the tariffs against China.

“The stock market seems to be signaling something has changed, and the bean market has been pretty resilient here over the last couple of days,” he says. “There has been a fair amount of activity in planting, and I think that’s why corn has relaxed. We’re ahead of average planting pace at 12% and that’s probably delayed a little bit. So, we should see a lot more progress in next week’s report.”

Nellinger says to keep an eye on the South, where higher-than-average moisture levels have delayed corn planting, and farmers might flip acres to beans or cotton – or even take prevent plant insurance.

Want more Moving Iron? Click this link to watch the episode in full here.

Your Next Read: Farm Bankruptcies Are on the Rise

Monarch Tractor Teams Up with DFA to Offer Members Discounts on Electric MK-V Dairy Tractor

Mon, 14 Apr 2025 21:25:33 GMT

Monarch Tractor recently announced it is teaming up with Dairy Farmers of America (DFA), giving DFA members access to exclusive savings on the MK-V Dairy tractor—the first 100% electric, driver-optional tractor built specifically for dairy tasks like feed pushing.

With this new deal, DFA members can snag a discount through the co-op’s Member Savings Network. According to Monarch Tractor, the MK-V helps cut down on diesel costs, reduces greenhouse gas emissions, and can even act as a mobile power source for farmers in the field.

“We’re thrilled to bring Monarch’s innovative technology to DFA’s member-owners,” says Praveen Penmetsa, CEO and co-founder of Monarch Tractor. “Industry partnerships are a core tenet of Monarch’s farmer-first philosophy, and our MK-V Dairy tractor aligns perfectly with DFA’s commitment to helping farmers operate more efficiently and profitably.”

Through its commitments to sustainable and responsible farming , DFA is furthering its goal in helping dairy farms and their communities thrive by connecting farms to valuable energy efficiency initiatives and resources through their Farm Services division. The MK-V Dairy tractor supports these efforts.

“We are pleased to partner with Monarch Tractor to bring their cutting-edge MK-V Dairy tractor to our farmer-owners,” says Kaitlyn Cherny, DFA Energy Program Manager. “This collaboration not only provides significant savings but also enhances our farmers’ ability to optimize labor resources and improve productivity. At Dairy Farmers of America, we are committed to supporting our members with innovative solutions that drive efficiency and sustainability on their farms.”

DFA members can check out the details and grab their discount by logging into the DFA member portal.

A Perfect Storm Is Driving Up New and Used Tractor Prices

Thu, 27 Feb 2025 15:22:55 GMT

If you’re thinking about buying a new or used tractor soon, you might want to move up your timeline. That’s because prices are expected to rise in the high horsepower segment over the next few months.

Currently, the tractor segment in North America is a bit of a mixed bag: High horsepower tractors are seeing decent demand from farmers while sales of lower horsepower models are in decline. Major manufacturers have responded accordingly to overall lower demand for new machines by pulling back on production. This has led to new machine delivery delays and an uptick in farmer interest in the used market.

Speaking of the used market, the auction circuit is also seeing increases in tractor prices, as farmers are bullish on commodity prices and the country’s midsection is thawing out from a long, cold winter, which was an ice-covered albatross holding back equipment sales.

“I think we’re seeing a little shaking loose of the purse strings,” says Machinery Pete on the latest Moving Iron podcast. “I’ve been talking about it for a few months now, but you must be careful of assuming the slow playout like we’ve seen in other downturns in terms of used equipment supply because dealers were so aggressive over the last 18 months pushing stuff out to auction. Given the stronger prices now, I wonder if that will jar dealers to be more (price) aggressive this spring and into the summer?”

Seymour agrees, adding right now the used tractor market “feels a lot like 2008, 2009.”

“Back then manufacturers were slow to ramp back up after the Great Recession, and we’re seeing that now, expect now both (manufacturers and dealers) are a hesitant,” he says. “The dealers are hesitant to get a whole lot full of brand new stuff, because they have a whole lot full of stuff already. And the manufacturers have pulled back so far that it’s going to take a while for them to ramp back up.”

Those factors could push the used equipment market into a position that Seymour calls “a little more healthy, little more strong” and that means used tractor prices moving higher for the near term.

Machinery Pete shared a couple examples from recent auctions that show used equipment prices edging higher:

At a recent retirement auction in Monroe City, Ind., a 2017 John Deere 8370R (383 hours) tractor sold for $291,250. That’s the highest auction price for the model since December of 2023.
A well-maintained 2007 John Deere 9620 tractor with 1,860 hours on it went for $185,250 at the same Indiana auction. That is the highest auction price for that model since January 2023.
It’s not just the tractor segment: a 2023 New Holland CR 1090 combine with only 490 engine hours went for a record haul of $372,250. Machinery Pete says that is the highest price he’s recorded on a used New Holland combine, ever.

“I think as we watch 2025 progress those price points are going to start to come together with the supply and demand curves,” Seymour adds. “Like we were talking about earlier you’re going to see (used equipment values) get a lot more stable, a lot more strong. And as those things progress into 2026 again, I think you’re going to see some flow in demand as far as ordering new goes.”

Where Are Row Crop Tractor Prices Headed?
Kyle Schneider with Stoltz Equipment, a 25-outlet John Deere spread out across the western U.S., and used equipment specialist Aaron Fintel with 21st Century Equipment (another John Deere dealer) joined the podcast to dive further into row crop tractor (175+ hp) sales trends.

Schneider admits he is seeing some plateauing, or flattening, take hold. But there is also some up-and-down roller coaster action at play, he adds. In his experience, buyers in the late winter to early spring market seem to track alongside the weather: On warm days dealership phone lines are blowing up, then when it gets cold again for a spell, the phones are pretty quiet.

“We’ve gone through some ebbs and flows of what’s going to move and what’s not in terms of horsepower range,” he says. “The lower horsepower range is dropping off, and the higher horsepower range is steady and bringing in what you want.”

Fintel agrees with that assessment.

“I would say maybe that first weekend of February was a little quiet and then the last two weeks has really opened things up,” he adds.

The trio found common ground around the prediction that prices for used tractors will increase over the next few months as dealers work to hit that sweet spot between churning through inventory while getting proper value for the machines on their lots.

Commodity Outlook: Strong
Analyst Sean Hackett with Hackett Financial joined the podcast to give a quick update on what’s happening in the world of row crop commodities.

He predicts a coming cycle of atmospheric instability could lead to a warm March and then a rush of cold air coming down from the North Pole, leading to a wet and cold spring planting season as the calendar turns to April.

“That should create an unfavorable planting season, either in delayed planting or planting that gets done and then it gets frozen over and now we’re replanting winter wheat,” Hackett says.

It wasn’t all pessimism from Hackett, though. He did offer a glimpse of hope for the months ahead.

“It’s not going to be that bad of a year,” he says. “There’s going to be a tremendous cash selling opportunity not only for the old crop but maybe even for the new crop. We’ll have to watch that very closely and see what the markets do. But the thought process that the North American ag economy is dead for 2025 seems to have been over embellished.”

Hackett wraps up with a review of global commodity market conditions in Asia and South America. He also thinks this year’s U.S. corn crop could be one of the largest of all time at 96 million or more acres planted, but he, like the rest of us, is waiting for the first USDA planting intentions report for 2025 to confirm that belief.

WATCH THE FULL EPISODE OF MOVING IRON

Before You Panic: How to Fix Simple Machine Issues

Fri, 14 Feb 2025 20:56:05 GMT

The first reaction when a machine malfunctions is to think of expensive, catastrophic causes. Fortunately, a deep breath and careful consideration might offer simple cures for these symptoms.

Symptom: An engine routinely overheats due to low coolant level. There’s no coolant in the crankcase, no coolant on the ground where the machine is parked or no visible leaks on any hoses or the radiator.

Panic diagnosis: Blown head gasket, cracked cylinder head or slipped cylinder liner.

Potential simple cure: Replace radiator cap. A tired pressure relief spring in the cap can release coolant out the radiator overflow, lowering coolant level and encouraging engine overheating. Newer machines with a faulty radiator cap would have problems with the coolant recovery tank overflowing.

Symptom: A main gearcase on a combine, forage harvester or other machine is covered with oil that’s dripping on the ground.

Panic diagnosis: Leaky shaft seals, blown gasket or cracked gearcase housing.

Potential simple cure: Check the area around the gearcase’s vent. If there’s “clean” oil in that area the gearcase might be spewing excess oil from that vent. Check to see if the gearcase was overfilled when its fluid level was last checked. Big gearcases, if checked immediately after operation, might not have fully drained all the oil into the sump, giving a false reading on any sight glasses or dipsticks, leading to overfilling. Check gearcases after they’ve had time to drain to their sump.

Symptom: Some, but not all, functions of the electrical system on a tractor or self-propelled machine are dead. There’s no blown fuses or tripped circuit breakers in the fuse/breaker box.

Panic diagnosis: One of the #%*! computers that run modern machines has died.

Potential simple cure: A fuse or circuit breaker in an accessory fuse/breaker box has failed. Even machines made in the 1980s might have up to three fuse/breaker boxes hidden behind panels in the cab, under a trim panel on the back of the cab or near the battery box. Use the owner’s manual to locate and check every fuse/breaker panel on the machine.

Symptom: The display on a stand-alone seed or sprayer monitor goes blank or displays hieroglyphics.

Panic diagnosis: The console has “blown up.”

Potential simple cure: Check for 12 volts at console wiring harness connector. Check for damage to wiring harnesses on the planter or sprayer, especially at the back of the tractor and at hinge points where wings fold. Yes, monitor consoles fail, but not as often as broken or shorted wires cause them to do strange things.

Always try the simple stuff first. There’s always time to panic later.

Your Next Read: Jump-Starting Dead Battery With Portable Jump-Pack Has Never Been Easier

From the Factory to Your Fields: Where Farm Equipment Is Made

Wed, 12 Feb 2025 17:25:58 GMT

The global agriculture equipment market is currently valued at $181 billion (USD) and is expected to grow by 4% over the next eight years. That’s according to a recent analysis from global consulting firm IMARC Group.

While IMARC Group pegs Asia-Pacific as the leading region for farm equipment manufacturing market share, it would stand to reason most of those machines are being sold to farmers in that region. The farm equipment U.S. farmers use is most commonly built in Europe, North America and South America.

Brand Breakdown
For example, John Deere’s manufacturing footprint is mainly based in North America. Of the 60 John Deere machines relevant to row-crop producers, 50 of them (83%) are manufactured in North America. Drilling down further, the three states with the largest John Deere manufacturing presence are:

Iowa at 61%
North Dakota at 17%
Illinois at 15%

Case IH builds 66% of its row-crop machines throughout North America, while 24% of them are manufactured in Europe.

Fellow CNH brand New Holland maintains a fairly balanced manufacturing presence between Europe (30%) and North America (43%).

AGCO’s Germany-based brand, Fendt, builds 57% of its row-crop machines in the European Union (EU) with North America hosting roughly 43% of its manufacturing. Claas has a large manufacturing presence in Europe, but it also manufactures its LEXION combine in Omaha, Neb., and has facilities in Columbus, Ind., and Regina, Saskatchewan.

McCormick and Landini machines are built entirely in EU factories. In contrast, Buhler Industries’ manufacturing footprint is fully based in North America.

Check out the data to see where your favorite tractor, planter, sprayer, combine and other farm machines are built in 2025.

Click here to download a printable version of the table above.

Your Next Read: Casey Seymour and Machinery Pete Join Forces on the Moving Iron Podcast

AGCO Launches Massey Ferguson 2025 Compact Tractor Series, New Double Square Baler

Wed, 12 Feb 2025 15:00:00 GMT

AGCO has announced the launch of its Massey Ferguson 2025 compact tractor lineup as well as a new double small square baler for hay producers.

The 2025 lineup offers solutions tailored to smaller agricultural operations and AGCO says its model year class empowers operators to achieve better results with better value.

Included in the 2025 Model Year Class of compact tractors:

New Premium Series (24.8 - 60.3 hp) tractors designed for daily use and ideal for a variety of applications from snow removal and landscaping to fieldwork and property maintenance.
New MF Compact-Economy Series (24 - 57.3 hp) tractors balance affordability with capability and offer a variety of configurations.
New MF Sub-Compact Series (22.5-24.5 hp) tractors that Massey Ferguson says are perfect for hobby farmers and first-time operators.

For more information about the Massey Ferguson MY2025 compact tractor lineup, visit https://www.masseyferguson.com/en_us.html.

Hesston by Massey Ferguson Double Small Square Baler

The MF SB.1436DB is designed to help producers meet tight harvest windows with minimal costs and maximum productivity, according to Massey Ferguson.

(Massey Ferguson)

AGCO’s new Hesston by Massey Ferguson SB.1436DB small square baler is capable of producing two rows of bales per field pass. Massey Ferguson says this enables double the output of a single baler producing 14-by-18-inch bales. By producing two rows of bales per pass, the new machine effectively doubles production capacity while reducing the need for additional labor, equipment and fuel.

Its 105-inch pickup width is also the widest configuration in the high-capacity small square baler segment, according to Massey Ferguson. This helps improve field efficiency and reduce labor needs by optimizing movement of hay into the baler.

For more information on the MF SB.1436DB small square baler, visit https://www.masseyferguson.com/en_us.html .

Your Next Read: Rediscover Classics from John Deere and International Harvester

Casey Seymour and Machinery Pete Join Forces on the Moving Iron Podcast

Fri, 07 Feb 2025 14:09:04 GMT

With farmers tightening their budgetary belts during a challenging economic time, the equipment market is going through significant changes. Those changes trigger plenty of questions. Is now a good time to buy? Is it better to wait and see how the market evolves in the coming year? Are prices even on used equipment going to continue to climb?

Who better to answer these questions than Casey Seymour and Greg “Machinery Pete” Peterson, two of the industry’s most trusted experts? And you can now hear them together. Seymour’s popular weekly Moving Iron podcast has moved to the Farm Journal podcast network and Peterson has joined as co-host.

“I’m excited about joining the Farm Journal podcast network and even more excited that I get to share this time with the one and only Greg ‘Machinery Pete’ Peterson,” Seymour says on the debut episode. Peterson shares that feeling, congratulating his new partner on building a large and loyal audience for both the podcast and the annual Moving Iron Summit event. “You’ve done great work and I’m excited to be part of it,” Peterson says.

Growers, dealers and anyone interested in the ag equipment marketplace will be just as excited. Each week the dynamic duo will explore and analyze news and trends in the business of ag equipment and the auction market. Episodes also will feature a dealer spotlight and a segment on technology. On their debut episode, Seymour and Peterson are joined by Shawn Hackett, climate and commodities expert, and Aaron Fintel, a used equipment specialist.

The discussion in the first episode ranges far and wide, as they dive into the boom-and-bust cycles in agriculture as well as in sales of ag equipment. Last year saw dealers taking an unprecedented volume of late-model equipment to the auction market, and the hosts don’t see that trend continuing into the new year. While they foresee the market’s recovery taking time, farmers and dealers could notice changes by the fourth quarter of 2025, even late in the third quarter.

As far as when to buy, Peterson says, “Don’t sit back too long because things are starting to firm up.” He adds that dealers he’s spoken to have been pleasantly surprised by an uptick in sales in December and January. Seymour attributes his optimism to a number of factors, such as decreasing interest rates, a slowing auction market, rising commodity prices and pent-up buying demand. He says, “There’s going to be a little more money out there by the end of the year.”

Watch the full episode of Moving Iron.

Your Next Read: Machinery Pete Explains Why 2025 Could Be a Great Year to Buy Equipment

Brand Name Vs. Generic: Tools By Any Other Name

Thu, 06 Feb 2025 14:16:12 GMT

There are a few tools commonly used on farms that literally aren’t made the way they used to be made, including Vise-Grips and Channellock.

Vise-Grips were invented in 1923 by blacksmith William S. Petersen in Dewitt, Neb. The tool was popular with local farmers, and by WWII it was so widely accepted the U.S. military provided Vise-Grips to its mechanics. Veterans spread the word, and Vise-Grips became a standardized tool across the U.S.

In Europe, locking pliers are called mole grips or mole pliers because they were first manufactured by the M.K. Mole and Son Tool Company — shortly after Petersen released his Vise-Grips.

Petersen’s family-owned company was eventually bought out, and the Vise-Grip-brand is now owned by Irwin Tools. Some professional mechanics believe old Vise-Grips work better than new ones. They scour auctions and pawn shops for Vise-Grips stamped with “DeWitt, Neb.” They also covet Vise-Grips with the locking lever held in place by a roll pin instead of newer versions that attach the lever with a rivet.

Vintage Vise-Grips made in the original factory in DeWitt, Neb., are identified by “Petersen Manufacturing, DeWitt, NEBR” in the logo and by a roll pin that attaches the release handle. Newer Vise-Grips are missing the hometown logo and use a rivet rather than a roll pin to affix the release handle.

(Dan Anderson)

The Tool That Defined Jaws

Just as Vise-Grip has come to mean any locking plier, Channellock now refers to any pair of pliers that have adjustable jaws. Channellock pliers have roots in a blacksmith shop run by George DeArment, which eventually became Champion-DeArment Tool Company. Chief engineer Howard Manning developed a pair of pliers with a unique tongue-and-groove, adjustable hinge point that were patented as Channellock pliers in 1935.

The popularity of the adjustable pliers spawned knockoffs until “Channellock” became a generic term, similar to Kleenex and Chapstick. To protect the brand, Champion-DeArment changed its name to Channellock in 1963.

Channellock pliers have roots in a blacksmith shop run by George DeArment, which eventually became Champion-DeArment Tool Company. Chief engineer Howard Manning developed a pair of pliers with a unique tongue-and-groove, adjustable hinge point that were patented as Channellock pliers in 1935.

(Dan Anderson)

A similar problem occurred for the Crescent Tool Company, which was founded in Jamestown, N.Y., in 1907. Adjustable wrenches were common, but the Crescent Adjustable Wrench featured a patented screw-mechanism that eventually led to them being standard issue in many military tool boxes throughout WWII. As with Vise-Grips, WWII exposed military mechanics to the value of Crescent wrenches, and after the war they found homes in many civilian toolboxes.

There are now many types of adjustable wrenches for sale. But only adjustable wrenches from the Crescent Tool Company carry the company’s trademark that guarantees they are Crescent-brand wrenches.

Your Next Read: Why Are Some Wrenches More Expensive Than Others?

Monarch's MK-V Dairy Tractor Rolls Out Autonomous Feed Pushing

Wed, 05 Feb 2025 15:28:35 GMT

Monarch Tractor announces its first-in-class, fully-autonomous Autodrive feature is now commercially available on its MK-V driver-optional dairy tractor (EV or diesel) , according to a press release from the startup.

“Autonomous feed pushing offers value to dairy farmers by improving efficiency and increasing milk production,” says Praveen Penmetsa, CEO and co-founder of Monarch Tractor. “It allows the dairy farmers to focus on what matters most – the health and well-being of their animals.”

Autonomous feed pushing helps dairy farmers manage through labor shortages, and the ability to monitor feed pushing remotely while tending to other critical tasks ensures cows can be consistently fed every hour.

Additionally, the “smart tractor” is armed with Monarch’s Wingspan Ag Intelligence and WingspanAI technology stack , which tracks performance data while 360-degree cameras record video footage for real-time and historical insights. The MK-V Dairy is also a mobile power bank with 12v, 110v, and 220v plugs.

Monarch is hosting an in-person Autodrive demonstration at a working dairy on February 12, at 3 p.m. in Tulare, California, during World Ag Expo. Monarch reps and engineers will be on hand to talk to attendees and give them the opportunity to engage with the tractor. Reservations for the demonstration can be made here.

If you can’t make it to California next week, Monarch says dairy farmers can reach out and set up a demonstration at their farm.

Farmland Trends, Machinery Market and Economic Outlook

Mon, 11 Nov 2024 14:00:00 GMT

On a recent Uplevel Dairy Podcast featuring Lynn Paulson, agribusiness development director with Bell Bank, a prominent theme emerged—understanding farmland trends and how these shifts may impact the broader agricultural community. In an era where precision is key, discussing farmland value trends, the machinery market, and the economic environment offers illuminating insights for producers and investors alike.

Farmland Trends: Highs, Lows, and What’s Next

Paulson highlights the evolution of farmland values, noting that over the last quarter-century, farmland has appreciated significantly, often outpacing inflation. This growth transforms farmland into a strategic investment. However, as many seasoned farmers will attest, purchasing land involves much more than mathematics; emotional factors heavily influence decisions, especially when land holds strategic value.

Despite uncertainties, Paulson predicts that farmland will remain a solid long-term investment. He emphasizes the role of upcoming generational shifts, as a significant portion of farmland is poised for transfer. This transfer, if approached tactically, may stabilize farmland prices more effectively than the broad economic factors influencing the farming sector.

Machinery Markets: Shifts and Strategic Buys

Turning to the machinery market, Paulson outlines a notable shift in recent months. The COVID-19 pandemic sparked robust machinery purchases, driven largely by excess government support and the need to reduce tax liabilities. However, as these waves crest, machinery lots are now filling up, with significant markdowns on equipment prices, presenting opportunities for strategic purchases of late-model used equipment.

For machinery dealers, these developments necessitate a keen eye for forecasting trends. They find themselves aligning with bankers who are vigilant about preparing for potential downturns. The machinery market often signals the economic climate’s direction, preceding transitions in the land market.

Economic Outlook: Challenges and Considerations

Paulson turns a critical eye on the broader economic landscape, particularly the U.S. national debt, which he considers a looming crisis. With the national debt accruing rapidly, the implications for agricultural financing are substantial. Higher interest rates and reduced government resources could pose significant challenges for farmers, emphasizing the need for robust financial management within farms.

Paulson advocates for “bulletproofing” one’s balance sheet—ensuring ample working capital and liquidity. He stresses the importance of realistic financial planning, understanding the true costs associated with family living from a farm’s finances, and setting clear boundaries between personal and business expenses.

In this fluctuating landscape, the key takeaway is clear: proactive management and strategic investment in both land and machinery are critical for thriving amidst shifts in the agricultural sector and broader economic turbulence. Keeping an eye on global trends and preparing financial and operational strategies tailored to those insights can position producers to succeed in the long term.

Your Next Read: How Higher Interest Rates Could Impact Farmers in 2025

Could 100% Bonus Depreciation Make a Return Under a Trump 2.0 Administration?

Fri, 08 Nov 2024 19:59:55 GMT

President-elect Donald Trump is preparing for his second term as president. While it’s not two consecutive terms, his history during the first term could serve as a possible playbook on how the next four years could impact agriculture.

“You have to remember, Trump is a populist,” says Jim Wiesemeyer, Farm Journal Washington correspondent. “He learned a lot from his first four years. So, he’s better prepared now. He won’t choose a lot of cabinet people who will eventually write books negative about him. He learned that lesson.”

The parlor game of whom will be named to key cabinet positions, including the U.S. Secretary of Agriculture , will continue during the next few months. One of the biggest anticipated changes that could impact farms across the U.S. is the possible change to the tax policy.

“You can up the odds that you’re going to have many, if not most, of the expiring Trump 2017 tax cuts that expire at the end of 2025 renewed. That’s good for the U.S. sector because of the estate tax exemptions will probably remain as they currently are,” says Wiesemeyer.

While anticipated changes continued to be weighed by political analysts, one agricultural tax expert thinks farmers can count on one major thing.

“I think we’re definitely going to see no tax increases. That’s for sure,” says Paul Neiffer, Farm CPA and contributor to AgWeb.

Neiffer says even though Trump campaigned on no tax on tips and no taxes on social security, Neiffer doesn’t see those proposals passing, as it would leave too big of a hole in the federal budget deficit.

“But certainly, the lifetime exemption that next year will be almost $14 million, I think that’s going to be made permanent. And that’s great news for our farmers that possibly are facing some estate taxes,” Neiffer says.

Neiffer also thinks the Section 2032A deduction, which permits an alternative method for valuing certain real property used either as a farm for a farming purpose or in a trade or business other than farming, is something that could get bumped up to $14 million per taxpayer. He believes it would be a “good deal” for farmers.

The other benefit, according to Neiffer, is the extension of the Section 199A Deduction and additional changes he expects to occur with the corporate tax rate.

“The lower rates for 199A capital will likely to be extended,” Neiffer says. “We could even see a reduction in the corporate tax rate down to maybe 15% for farmers. And if that happens, you could see a lot of farmers switching from being an individual farmer to being a corporate farmer.”

According to Neiffer, 100% bonus depreciation could also make a comeback under Trump.

“We think, perhaps, 100% bonus depreciation might be coming back for farmers,” says Neiffer. “When they buy equipment or buildings, farm buildings, etc., they’ll be able to deduct 100% of that in the year of purchase.”

Neiffer points out farmers need to be careful and make sure they optimize their depreciation related to their debt, but the idea of 100% bonus depreciation would be a welcome change for farmers.

Wiesemeyer also says the relief for farmers is there will be no major changes to capital gains taxes, which is something the democratic nominee Kamala Harris had proposed during her campaign.

Your Next Read: Washington Insiders Weigh in on What the Election Means for Agriculture

A Farmer Can Dream, Right? Tesla Robots As the Farm Labor Force of the Future?

Thu, 24 Oct 2024 18:24:44 GMT

With a visual form ripped straight from a skin-crawl inducing robot thriller, Tesla’s new AI-bot, Optimus, is eliciting strong reactions from tech advocates and flip-phone touting technophobes.

Let’s indulge our imaginations for just a second and imagine how a farmer could put one of Musk’s $20,000 helper robots to work around the family farm in, say, the year 2040. I use 2040 because, even though the prototypes in the video below look awesome, it turns out the AI behind it needs more work before any farmer would feel safe setting a squad of them loose on the farm.

Our own Clinton Griffiths was also inspired by Optimus’ unveiling. In his upcoming column in the November issue of Farm Journal, Clinton gets right to the heart of the issue, and that’s whether the bots will pan out on the farm?

The real test, he writes, “will be whether it can keep its glossy finish motoring along regardless of whether or not the field is mud-free.”

I couldn’t agree more, Clinton. Serving up fancy drinks during an unveiling party on a glitzy Hollywood film studio lot is one thing. Standing up to all the dust and heat and tough conditions of your average farm or ranch is a different beast altogether.

In that vein, we offer up the following farm chore list Optimus can take over from here on out.

No, seriously Opti, you don’t need our permission. Just go ahead and take care of these few little things every single day for the rest of time, and we’ll be off, I don’t know, fishing at the lake with the kids, rocking on the front porch, or something.

Farm equipment maintenance tech
Director of crop protection jug disposal
Backpack spraying around-the-clock weed warrior
Chief grain bin inspector
Head ladder climber
Irrigation pivot inspector general
Head high in July crop scout
Pig loader and unloader extraordinaire
Master bottle mixer and calf feeder

Now that you’ve read my list, I’m curious how you would use a robot that walks, talks and moves like a real human (and never gets tired, bored or spends 20 minutes staring at its phone) on your farm? or click

Share your robot wish list by clicking the green “Respond Here” button or click here .

Your Next Read: As the Wizard of Yield, Ken Ferrie Reveals His Secrets on Unscripted

Trump Threatens 200% Tariff If Deere Moves Manufacturing to Mexico

Tue, 24 Sep 2024 01:39:32 GMT

Former President Donald Trump on Monday made significant statements regarding John Deere and its plans to move some production to Mexico. Trump threatened to impose a 200% tariff on John Deere products if the company proceeds with its plan to relocate some of its manufacturing operations to Mexico. He made this announcement during a policy roundtable in Smithton, Penn., organized by the Protecting America Initiative.

Trump’s threat comes in response to John Deere’s recent announcement about moving some of its production to Mexico, which has already resulted in job cuts at certain facilities in Iowa. Trump expressed concern about the impact on American workers, stating, “It’s hurting our country. It’s hurting our workers.”

When contacted for a response, John Deere referred to a section on its website titled “Deere Commitment to U.S. Manufacturing,” which highlights its investments in American facilities and workforce. The company stated that to keep its U.S. factories focused on high-value activities, it sometimes needs to move less complex operations, such as cab assembly, to other locations.

Following Trump’s remarks, shares of Deere fell approximately 1.6% in after-hours trading shortly after the market closed on Monday.

This threat to John Deere appears to be an extension of Trump’s economic policy, which has consistently emphasized the use of tariffs. He has previously made similar threats to automakers producing vehicles in Mexico. Trump’s focus on protecting American manufacturing jobs is a key element of his campaign strategy, particularly in battleground states like Pennsylvania where he held this event.

Trump’s comments about John Deere seem to have been spontaneous, inspired by John Deere tractors displayed at the event venue. This marks the first time Trump has specifically targeted John Deere with such a threat, expanding his tariff warnings beyond the automotive industry to include agricultural equipment manufacturers.

A Look at the USMCA

Several aspects of the USMCA, negotiated by the Trump administration, help facilitate U.S. manufacturers like John Deere moving some production to Mexico:

Duty-free access: The USMCA maintains duty-free trade between the U.S. and Mexico for most goods, allowing companies to manufacture in Mexico and export back to the U.S. without tariffs.
Rules of origin: The USMCA has rules of origin requirements that goods must meet to qualify for duty-free treatment. Manufacturing in Mexico can help companies meet these requirements for North American content.
Increased regional content requirements: The USMCA raises the regional value content (RVC) requirement for automobiles from 62.5% under NAFTA to 75%. This incentivizes more production and sourcing within North America, including Mexico.
Labor Value Content (LVC) provision: The agreement requires 40-45% of auto content to be made by workers earning at least $16 per hour. This can make Mexico an attractive option for U.S. companies looking to meet this requirement while still benefiting from lower overall labor costs. While the USMCA includes stricter labor standards for Mexico, wages are still significantly lower than in the U.S. for most workers. Mexican workers often make 3-4 times less than U.S. counterparts. • Streamlined supply chains: The USMCA facilitates the movement of goods between the U.S., Mexico, and Canada by reducing trade barriers and tariffs. This makes it easier for U.S. companies to integrate Mexican operations into their supply chains.

Potential for Relocation

The USMCA rules may encourage some manufacturers to relocate certain production processes within North America to meet content requirements, which could involve significant upfront costs but potentially lead to long-term savings.

Your Next Read: EXCLUSIVE: John Deere Speaks Publicly For the First Time About Layoffs, New Challenges in the Ag Economy

Lower Used Equipment Prices Are Another Sign of the Challenges in the Ag Sector

Thu, 12 Sep 2024 15:41:45 GMT

Recent data indicates that there have been significant declines in the prices of used agricultural equipment.

According to Sandhills Global market reports, auction values are decreasing more rapidly than asking values, resulting in a widening spread between the two. This trend is attributed to increased inventory levels across various categories of farm equipment, such as tractors, combines, and sprayers, which are putting downward pressure on prices.

For instance, auction values for used tractors over 100 horsepower fell by 1.25% month-over-month and 6.75% year-over-year, while asking values decreased by 0.27% month-over-month but remained 3.82% higher than the previous year. This trend is consistent across other equipment categories, with auction values generally showing greater declines compared to asking values, contributing to the historic spread

This situation is reminiscent of market conditions seen in 2015, with inventory levels and auction values trending downwards

Impact on Agricultural Dealers and Farmers
The decline in used equipment prices could indeed put stress on agricultural dealers. With inventory levels rising and prices falling, dealers may face challenges in maintaining profitability. For farmers, lower equipment values can impact their balance sheets, particularly when dealing with banks for loans or financial assessments, as the value of their assets decreases.

Spread in Prices
The widening spread between auction and asking prices for used agricultural equipment has several long-term implications for both equipment sellers and buyers:

For equipment sellers:

• Inventory management challenges: Sellers may face difficulties in managing their inventory as the gap between auction and asking prices widens. With auction prices declining faster, sellers might struggle to sell equipment at desired prices, leading to increased inventory holding costs and potential cash flow issues.
• Pressure to adjust pricing strategies: Sellers may need to adjust their pricing strategies to remain competitive. As auction prices drop, sellers might be forced to lower their asking prices to attract buyers, potentially reducing profit margins.
• Market uncertainty: The value spread creates uncertainty in the market, making it challenging for sellers to predict future pricing trends. This can complicate financial planning and investment decisions.
• Potential for increased competition: As more equipment becomes available at lower auction prices, competition among sellers could intensify. This might lead to further price reductions and a race to the bottom in terms of pricing.

For equipment buyers:

• Opportunities for bargains: Buyers may find opportunities to purchase equipment at lower prices, particularly at auctions. This could be advantageous for those looking to expand or upgrade their equipment at a reduced cost.
• Increased negotiation power: The spread between auction and asking prices may give buyers more leverage in negotiations, as sellers may be more willing to accept lower offers to move inventory.
• Potential quality concerns: With prices dropping, there might be concerns about the quality and condition of the equipment being sold at lower prices. Buyers will need to be diligent in inspecting and assessing equipment before purchase.
• Market volatility: Buyers must navigate a volatile market where prices can fluctuate significantly. This requires careful timing and market analysis to make informed purchasing decisions.

Layoffs in the Ag Sector
Several major agricultural machinery manufacturers have announced layoffs in response to the downturn in the market. John Deere, for instance, has laid off many workers across its facilities in Iowa and Illinois due to declining demand for farm equipment. Similarly, Kinze Manufacturing has announced layoffs of 193 employees, citing the agricultural and economic downturn as the reason. These layoffs are part of a broader trend in the industry, driven by factors such as lower commodity prices, higher interest rates, and reduced net farm income.

Bottom line:
The agricultural equipment sector is experiencing significant challenges, leading to both price declines and workforce reductions.

EXCLUSIVE: John Deere Speaks Publicly For the First Time About Layoffs, New Challenges in the Ag Economy

Fri, 26 Jul 2024 14:14:35 GMT

John Deere recently laid off a significant number of salaried employees as part of the company’s ongoing workforce reductions. The official number of layoffs is still unknown but are part of a broader trend of workforce reductions at John Deere, which have been ongoing for several months.

Cory Reed, president of the company’s Worldwide Agriculture & Turf Division for Production and Precision Ag , spoke publicly about the layoffs for the first time in an exclusive interview with U.S. Farm Report this week.

What You Need to Know

Reed addressed everything from the recent layoffs to the company’s decision to move a small portion of its production to Mexico. Here are highlights from Farm Journal’s exclusive interview:

John Deere says recent layoffs of both its salaried and production workforce are due to lower net farm income, higher interest rates and market volatility.
Reed says John Deere expects equipment sales to be down 20% in 2024, due to economic pressures on the farm.
John Deere is addressing cost concerns by reducing the prices of some new technologies, such as the See & Spray retrofit kit.
John Deere is investing in automation to improve manufacturing efficiency and reliability.
Reed emphasized the job cuts are unrelated to the 2021 strike by production workers.
He also stressed that John Deere’s decision to move its cab production to Mexico is separate, saying that production site in Mexico has been in operation for nearly 70 years, calling it “an important part of our global footprint.”

The Reality of the Farm Economy

USDA is forecasting net farm income in 2024 to be $116.1 billion, which is a 25.5% drop from 2023 following a 16% drop in 2023 versus 2022. Those two consecutive years of significant decline mark the largest drop in net farm income in U.S. history.

“Net farm income is expected to be down in the mid to high 20s, and when that happens, and commodity prices pull back, interest rates are a little bit higher and we see volatility in the weather, it creates uncertainty that interrupts demand. We’re experiencing that today. Looking out across our industry, we’re expecting to be off roughly 20% year-over-year from 2023,” Reed told U.S. Farm Report.

USDA’s 2023 and 2024 Net Farm Income projections point to the largest drop in history.

(Lori Hayes )

The mounting economic pressures are showing up across the equipment industry. The latest Association of Equipment Manufacturers (AEM) flash report released in June showed just how drastic of a drop the ag equipment sector is currently experiencing. AEM’s report showed combine sales in June dropped 31% compared to last year. Total farm tractor sales were down 16%.

While the company forecasts equipment demand to fall 20% overall in 2024, Reed says the second half of the year looks to be even more challenging than the first.

“We kind of have the tale of two ends of the year, “ he says. “If you looked at the front half of the year, in fact, if you took the large row-crop tractor business, what you would have seen is a market that was still peaking in the April and May time frame. A lot of buyers were in the market, based off of performance last year. As we hit May and going into June, used inventory levels started to grow and you saw buyers starting to pull back. Those trade differentials look different for them, and they started pulling back at a faster rate.”

As farmers pull back on purchasing new equipment, the short-term market outlook is hard to project, according to John Deere.

“I think what you see is markets that are cycling faster today. When you see what was going on in the commodity market, it’s been more volatile here recently. So obviously, we’d like to have better predictability of those things. What I would tell you is the long-term outlook for global commodities grown here in the U.S. still look really strong. We’re still bullish on that,” Reed says. “It’s the reason that even when we see these cycles potentially coming, we invest directly through them. We’ve never invested more in research dollars than we did this year, and in the next five years we will invest more than we have over the past five years. That’s a testament to what we believe about the future of the agricultural industry. We’re doing that around the world.”

John Deere Says Layoffs Are Unrelated to 2021 Strike

With the drop in equipment demand, came cuts to the salaried workforce this week. But the company had already cut more than 1,800 workers in its Iowa and Illinois production facilities.

In October 2021, those same production sites were in the news after 10,000 production workers went on strike . But a month later, John Deere and the United Auto Workers (UAW) Union reached a new six-year deal. With a 20% increase in pay granted by John Deere, UAW ended its month-long strike. But Reed says the job cuts today are not tied to that.

“Certainly, cost, availability and reliability of labor in the workforce is a factor all the time. Cuts right now are not related to that, they’re related to demand,” he adds.

As a result, Reed says John Deere is turning internally to manage its own cost structure, which means layoffs. Those started last September and have accelerated in 2024.

“We don’t like making workforce adjustments. We don’t. But that’s all about the cost structure we have, so we can hold the line on costs. We’re deploying more of our engineering resources to cost-reduce each part without sacrificing any reliability, durability or quality. We’re doing that in a big way,” Reeds adds.

John Deere has committed to providing severance packages to the affected employees. The packages include up to 12 months of severance pay based on years of service, pro-rated pay based on short- and long-term incentives, payment for unused vacation or paid time off, ongoing access to health and wellness benefits and a year of professional job placement services.

The Question on Every Farmer’s Mind

The question on every farmer’s mind: Does John Deere have any plans to cut the price of equipment? Reed says John Deere is addressing cost concerns by reducing the prices of some new technologies, such as the See & Spray retrofit kit.

“We’re taking some of our latest technologies, and we’re cutting the upfront price of it,” Reed says. “If you take See & Spray, which is a great example, that product would normally cost hundreds of thousands of dollars to add to a machine. We lowered the upfront price for a retrofit kit to be able to put it on for tens of thousands of dollars. A customer who wants to manage their herbicide cost differently has the opportunity to buy into that, on an acre-by-acre basis, and only pay based on what they save.”

John Deere’s Decision to Move Cab Production to Mexico

John Deere is also catching some backlash for its decision to move its cab operations from Waterloo, Iowa, to Mexico, which impacts a couple hundred U.S. jobs. According to Reed, John Deere’s production site in Mexico has been in operation for nearly 70 years. What started in 1956 became one of the company’s first operations outside the U.S., and Reed calls it “an important part of our global footprint.”

“First and foremost, it’s important to understand that the movement of certain components or products to Mexico is entirely separate from what we’ve seen in terms of layoffs today,” Reed says. “When we move a product, we make the announcement and say, ‘This portion of this product is going to move here.’ And by the way, we’re doing that all the time. It’s a part of what we do in our global network.”

Reed says what’s not reported when John Deere makes such an announcement is how they are replacing their production in the U.S. with the manufacturing of a new product or piece of equipment. While the cab production might be moving to Mexico, he says they are now building the new 9RX 830-hp four-wheel drive tractor there.

“If you drove to Waterloo today and went into the operations, what you’d see is that brand new tractor going down the very place in the factory where those cabs were manufactured before,” Reed says.

What John Deere Wants Farmers to Know

As John Deere aims to align production inventory levels with current market demands, the down cycle of agriculture is hitting all of the industry hard, but Reed says he’s still bullish on agriculture long-term. When asked what he wanted farmers to know, Reed’s message was this:

“We have 80,000 employees in the company. We wake up every day with the same purpose. That purpose is quality, innovation, integrity and commitment to our customers. We want to grow value on each and every one of those farms. We want to do it in a way that every day they wake up, with every pass they make through the field, they have confidence they’ve partnered with someone in the industry, John Deere and our John Deere dealers, working to drive value, working to drive profitability, on each and every one of their farms,” Reed says.

You can watch the full interview with Reed here.

John Deere Adds Versatile Midsize 6M Tractor to Model Year 2025 Machines

Tue, 25 Jun 2024 14:42:20 GMT

John Deere is launching a new 6M tractor to add to its Model Year 2025 class of machines , according to the company.

With 18 different models, engine options with 95 to 250 horsepower and five frame size options, the 6M tractor can be customized to fit the needs of farms and ranches. Deere says the 6M tractor is also fuel-efficient and easy to operate.

“The new 6M tractor is bigger, smarter, faster and more efficient and customizable, making it the go-to tractor for many farms, including dairy and beef operations,” said Dennis Ogle, marketing manager for the John Deere midsize tractor line.

Standards Remain

The 6M tractor provides numerous ways to configure yet still has the standard features that can make it the workhorse of any farm or ranch.

The new tractor features traditional mechanical transmission options or easy-to-use infinitely variable transmission options. The shortest wheelbase with sloped hood remains, providing excellent visibility and maneuverability. All 6M cabs also offer a full view around the tractor, making loader work, mowing and baling easier to complete.

In addition, the 6M still has the high front or rear hitch lift capacity that is important for various jobs.

“We know farmers and ranchers love simple and reliable tractors to get the important jobs done,” Ogle said. “The 6M delivers with a proven history along with more valuable options to cater to each owner’s needs.”

Options Abound

The Model Year 2025 6M tractor can be customized to provide farmers the opportunity to have large tractor features on a midsized machine.

With five frame sizes and 18 models, farmers can work with their John Deere dealer to build the tractor that’s right for their farm.

Configurations and options include:

Horsepower and chassis: 18 models with five chassis options and horsepower ranging from 95 to 250 hp.
Intelligent Power Management: Up to 20hp above a model’s rated horsepower in transport and nonstationary PTO applications. This allows the operator to conquer hills when transporting, thick windrows when baling, and more.
Dual-tire configurations: Rear bar axles and dual-tire configurations are now available for ease of wheel spacing or when needing more flotation and traction.
Infinitely variable transmission: Transmission option available across all models that allows for stepless driving.
Higher speed with 50K transmission: Available across the full portfolio of 6M tractors, this feature helps transport speeds, leading to increased efficiency.
Cab package options: New options available to increase operator comfort to improve productivity.
Scalable precision ag technology: More precision ag available on demand with updated cornerpost display and integrated connectivity.

“Whether you are putting up hay, moving bales, feeding, mowing roadsides, removing snow or any number of other tasks, the 6M is the workhorse that can help complete the job,” Ogle said.

To learn more about the John Deere 6M tractor, visit JohnDeere.com or contact your local John Deere dealer.

As Farmers Look to Cut Costs for 2025, Machinery and Technology Could Take the Biggest Hit

Fri, 31 May 2024 16:24:27 GMT

Commodity prices have seen a bit of a rebound over the past month, but even with optimism beginning to surface with prices, agricultural economists think net farm income could fall more than expected, and the fallout could be felt with just how much farmers scale back what they purchase over the next year.

The May Ag Economists’ Monthly Monitor , a joint survey of nearly 70 ag economists conducted by the University of Missouri and Farm Journal, is one metric to help gauge the health of the ag economy. As global weather and geopolitical events continue to impact the markets, ag economists grew slightly more optimistic on the health of the overall ag economy in the past month.

“I think you can look at things like crops in South America, you know, we’ve had some disease issues in places like Argentina, we’ve had some wet weather in Brazil, some of those things, I think, have been helpful to boost prices at the same time. The wheat situation in Russia, I think, has also been important in terms of prices,” says Scott Brown, interim director, Rural and Farm Finance Policy Analysis Center (RaFF), University of Missouri.

(Farm Journal)

Brown helps author the Ag Economists’ Monthly Monitor, and he says the May Monitor shows even with more optimism for some commodities, ag economists’ views on the net farm income picture slightly eroded over the past month, falling from the $117.82 billion projected in the April survey, to $110.4 billion in May.

“I think it’s important to remind ourselves, the changes happen really quickly,” Brown says. “The volatility up and down, is going to continue in front of us. So, although we generally say the trend is down, there will be opportunities for better prices in front of us at times.”

(Farm Journal)

Arlan Suderman, chief commodities economist for StoneX, is one of the nearly 70 ag economists surveyed each month. He says even with the global grain and oilseed supply weather issues around the globe, his outlook on the ag economy hasn’t changed course.

“I don’t think it really has, if anything, I think it’s become a little bit more challenging,” Suderman says. “But I say that within the context. I think that the new world we’re in is going to have more challenges. But those challenges will also create more opportunities. It just means we’re going to have to be more strategic. We went through several years where you could be a lazy marketer and do pretty well - build equity in your farm, expand your operation and buy equipment. We’re going to have to be more strategic in it now. And I think the opportunities are going to be there for the person willing to do so.”

Farmers Forced to Cut Costs

Last month’s survey found nearly 80% of ag economists think current commodity prices, plus higher input and operating costs will spur consolidation within the row crop sector. This month, the survey asked what purchasing decisions may take a hit in the months ahead.

At the top of the list of purchase changes for 2025 was decisions regarding equipment. When asked if farmers would reduce machinery purchases for 2025, 50% of ag economists responded “most likely,” and the other 50% said “somewhat likely.”

“It seemed scaling back on machinery purchases was really the number one purchase change, and I don’t think that’s a big surprise. Almost everyone thought that was one place where we would see cutbacks in terms of trying to reduce costs,” Brown says.

“I think in the short-term, that is the easy answer is they’ll scale back on equipment purchases, and we’ve seen that,” Suderman says. “We would also anticipate them to scale back on some of those fertilizers that have less short-term impact, maybe phosphorus, potassium, some of those. I think farmers will stick with the seed technology, they’ll stick with the technology they think gives them the efficiencies that they need in their production.”

Economists point out machinery purchases are likely to slow, which will reduce capital costs, but could also potentially increase repair and maintenance expenditures.

(Farm Journal)

Another change ag economists think farmers will make is to slow technology upgrades. 35% responded a move to scale back technology upgrades is “most likely,” and 41% said “somewhat likely.”

The May Ag Economists’ Monthly Monitor also found ag economists think more farmers will make the switch to more generic products, with 73% surveyed responding with “somewhat likely.”

Economists also think another change for the upcoming year could be looking for lower interest rates. 65% said “somewhat likely,” 27% said “most likely.”

“I think for producers, in terms of what they want to add in 2025, are already beginning to focus on the changes they can make to be more efficient,” Brown says. “This idea of how to reduce costs when the prices for those inputs maybe aren’t going to change as much as they would like, and how to manage those margins, there is really going to be some opportunities to do that to try to make 2025 a better year.”

Economists Paint Mixed Picture on Price Outlook

As farmer possibly look at ways to cut back on spending, volatile commodity prices have become the new norm for farmers. As economists point out, the direction of commodity prices also now hinges on more than just supply and demand.

“Well, I think the biggest impact is probably geopolitical risks, and the advent of the funds, trying to interpret all of that,” Suderman says. “And as you look at the management of billions of dollars now invested in commodities, either being long and buying them or being short selling them, based on what they see happening in geopolitics, based on what they see in the economy, are we in a re-inflation period? Are we in commodity deflation period? And that’s really driving the economy, more than the actual supply and demand fundamentals.”

(Farm Journal)

Still, Suderman and other economists say in the short-term, the outlook for grain prices will center around supply and what happens with weather. One of the major wildcards for the summer is the transition from El Nino to La Nina, and not only how quickly it occurs, but what areas of the U.S. crop and cattle production could be hit by dry and hot weather.

Suderman still thinks the health of the U.S. and global economies will be a critical piece to watch over the next 12 months, particularly if we reestablish inflation.

Other economists also pointed to inflation in the May Monthly Monitor. “I expect a return of inflation and tighter credit due to expanding Congressional spending and the expanding national debt,” said one economist in the anonymous survey.

Beef Prices and Demand

The inflation piece is something Suderman says could impact both grain and livestock prices, especially considering demand and the health of global economy will have a major impact on prices as we test just how much consumers are willing to pay.

“We’re in a world economy where imports of beef in the first quarter of this year were up 25% year on year. So, when we get too expensive, we simply import more. And then the consumer is the driver of what that the demand factor is moving forward,” Suderman says. “If we keep the consumer confidence and we prop it up, they’re willing to pay more, which means import more but holding up our domestic prices. If they’re not, then those imports start to overwhelm us and pressures beef prices even more.”

(Farm Journal)

Pork Price Outlook

Impressive export demand has also been a bright spot for U.S. pork producers. The strong export picture has propelled prices for hog producers across the U.S., which helps paint a more positive picture for an industry that was hit hard over the past 12 to 14 months.

“Hog prices, I think, have been the surprise, and a surprise in a good way,” Brown says. “We started 2024 with lower prices. Generally, those in the survey answering about pork prices would have been slightly more optimistic relative to the last. So, I think when you look at where wholesale pork prices are today, they could be supportive of yet higher hog prices.”

Brown points out consumer demand is also a major factor for the trajectory of hog prices the remainder of the year.

“If consumer demand were to slow, and that’s just as much international demand that has the attention of the economist in terms of international demand has been good for pork this year, if it were to waver in the second half, that could be more troubling for where we’re at the pork market,” Brown says.

What else are economists saying about the ag economy? You can view previous Ag Economists’ Monthly Monitor updates here .

John Deere Introduces 326 P-Tier Compact Wheel Loader

Wed, 31 Jan 2024 15:39:03 GMT

John Deere announces the release of its new 326 P-Tier telescopic compact wheel loader. The 326 P-Tier telescopic compact wheel loader offers 16-plus feet of reach from its telescopic lift arm while still being compact enough to work in barns or other tight spaces.

“Operators will enjoy it for the cab visibility, the boom controls and the exclusive Articulation Plus steering system,” said Luke Gribble, John Deere go-to-market manager. “Put it all together, and the 326 P-Tier is a real multitool for the farm or ranch.”

To help guard against overloading, The Load Torque Indicator System gives visual and audible alarms if stability limits are exceeded during lifting, lowering or extension of the lift arm. In addition, a separate indicator warns of potential overload of the tilt cylinder.

“Features like these help make the 326 P-Tier an operator-friendly wheel loader for farmers and ranchers,” Gribble said. “And it is perfect for less-experienced operators.”

Inside the cab, operators will find a comfortable, easy-to-navigate environment. A 9-inch touchscreen display puts key information within easy view, and it shows key data such as warnings, status and machine-positioning information.

Conveniently placed electro-hydraulic controls offer Auto Return-to-Dig, and Auto Lift and Lower functions, and help to reduce cycle times. Optional boom-mounted lights and standard overhead window allow for a clear view to the end of the telescoping arm.

The new compact wheel loader also features a 23-mph top speed to help move quickly between jobs. And for tight turning in barns and other cramped spaces, its Articulation Plus steering system offers a full 30 degrees of articulation plus 10 additional degrees of rear-wheel steering.

To learn more about the new 326 P-Tier telescopic compact wheel loader, visit JohnDeere.com or contact your local John Deere dealer.

Nearly Two Years After Worker Strike, John Deere Lays Off 225 Workers From Harvester Works Location Indefinitely

Thu, 21 Sep 2023 18:43:23 GMT

Nearly two years after close to 10,000 John Deere workers went on strike over a labor dispute, the company is laying off more than 200 jobs from its Harvester Works location . John Deere says the round of ‘indefinite layoffs’ will happen in October.

John Deere notified workers on Wednesday about a decision to lay off 225 people from the John Deere Harvester Works facility in East Moline.

In a press release, John Deere said “Although John Deere has hired hundreds of employees in the Quad Cities in recent years, the company has consistently stated that each Deere factory balances the size of its production workforce with the needs of the individual factory to optimize the workforce at each facility.”

In the latest Association of Equipment Manufacturers (AEM) flash report, combine sales are still on an impressive run so for this year across the industry. The report shows sales are down 2.4% in August, but when you look at the year to date totals, combine sales are up 31.8% compared to 2022.

2021 Worker Strike

On October 14, 2021, nearly 10,000 John Deere workers went on strike. While it was feared the strike could last for months, in November of 2021, members of the United Auto Workers (UAW) Union approved a new six-year deal, which included:

$8,400 signing bonus.
20% increase in wages over the lifetime of the contract, with 10% in 2021.
Return of cost of living adjustments.
Enhanced retirement options.
Enhanced CIPP performance benefits.

Layoffs at Nation’s Automakers

Meanwhile, a labor dispute playing out with the nation’s largest truck and car manufacturers is already causing layoffs. UAW-represented workers have walked out of assembly plants in Wentzville, Missouri and Toledo, Ohio. Workers also went on strike at a Ford plant in Wayne, Michigan. Those strikes started Sept. 15, and happened after the automakers failed to reach a deal on a new contract with the union.

Those factories, which supply parts to other locations, are now causing layoffs. On Wednesday, GM said it is laying off nearly 2,000 workers at its assembly plant in Kansas due to a shortage of parks caused by the strike.

Detroit automakers are becoming more vocal about rejecting the UAW’s new contract demands, which include:

A 40% pay hike.
A 32-hour work week.
An end to a tiered wage structure that pays newer workers less.

“The fundamental reality is that the UAW’s demands can be described in one word — untenable,” General Motors President Mark Reuss said in an opinion piece published in the Detroit Free Press on Wednesday. “As the past has clearly shown, nobody wins in a strike. We have delivered a record offer. That is a fact.”

Farm Journal spoke to two Ford plant employees, who asked to remain anonymous. They say it’s been more than a decade since they’ve had a raise. As automakers went through financial trouble, workers gave up cost of living increases and other raises. As the automakers continue to raise vehicle prices and post impressive profits, those employees say a raise is long overdue.